Finance Manager
Alcantara Holding Company
Total years of experience :14 years, 5 Months
• Oversaw the financial operations of the holding company and its 8 subsidiaries, ensuring accurate and timely financial reporting.
• Consolidated financial statements for all subsidiaries, ensuring compliance with IFRS standards.
• Developed and implemented financial policies, procedures, and internal controls to ensure efficient financial management across all subsidiaries.
• Prepared and reviewed monthly, quarterly, and annual financial statements, including variance analysis and performance reporting.
• Managed the budgeting and forecasting process for the holding company and subsidiaries, including revenue projections, expense planning, and cash flow management.
• Conducted financial analysis to identify trends, variances, and areas for improvement, providing actionable insights to senior management.
• Coordinated with external auditors for annual audits, ensuring timely provision of required documentation and addressing audit findings.
• Supervised and mentored a team of finance and accounting professionals, fostering a collaborative and high-performance team environment.
• Developed and maintained financial models to support business planning, investment decisions, and strategic initiatives.
• Collaborated with subsidiary finance teams to streamline processes, improve financial performance, and ensure alignment with overall company objectives.
• Provided financial analysis and reporting to support decision-making processes and strategic planning for the holding company and its subsidiaries.
Batek Industry Company
12/2019 - 06/2021 JAHARA INDUSTRIAL, KUWAIT
• Led financial planning and analysis process, resulting in improved forecasting accuracy and timely budget adjustments.
• Implemented cost-saving strategies resulting in a 15% reduction in operational expenses.
• Conducted month-end and year-end close processes, including the preparation of journal entries, account reconciliations, and variance analysis.
• Developed and maintained internal controls to safeguard company assets and ensure the accuracy of financial reporting.
• Analyzed financial data to identify trends, variances, and areas for improvement, providing actionable insights to senior management.
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis.
• Collaborated with production and operations teams to streamline processes, control costs, and improve overall financial performance.
• Monitored and reported on the financial performance of the company, including key performance indicators (KPIs) relevant to the manufacturing sector.
• Developed and implemented financial policies, procedures, and internal controls to support the companys strategic objectives and ensure regulatory compliance.
Extreme Company for Sports & Marine Equipments
08/2015 - 12/2019 SHUWAIKH INDUSTRIAL, KUWAIT
• Managed and oversaw the daily operations of the accounting department, including accounts payable/receivable, general ledger, and bank reconciliations.
• Prepared and reviewed monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards.
• Conducted month-end and year-end close processes, including the preparation of journal entries, account reconciliations, and variance analysis.
• Developed and maintained internal controls to safeguard company assets and ensure the accuracy of financial reporting.
• Analyzed financial data to identify trends, variances, and areas for improvement, providing actionable insights and recommendations to senior management.
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis.
• Coordinated with external auditors during annual audits, ensuring the timely provision of required documentation and addressing audit findings.
• Ensured compliance with tax regulations, including the preparation and submission of tax returns and liaising with tax authorities.
• Collaborated with other departments to streamline accounting processes, improve financial performance, and support strategic initiatives.
• Managed the implementation and maintenance of accounting software and systems, ensuring data integrity and efficiency.
• Provided financial analysis and reporting to support decision-making processes and strategic planning.
• Managed and supervised the daily accounting operations, including accounts payable/receivable, general ledger, inventory accounting, and bank reconciliations.
• Managed costing and pricing strategies, ensuring accurate allocation of costs and effective pricing models
• Collaborated with merchandising and operations teams to streamline processes, control costs, and improve overall financial performance
• Provided financial analysis and reporting to support decision-making processes and strategic planning for the retail operations.
• Oversaw inventory management, ensuring accurate tracking and reporting of inventory levels, cost of goods sold, and inventory valuation
• Prepared financial models to support business planning, investment decisions, and strategic initiatives within the retail secto
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis
• Conducted detailed financial analyses, including forecasting, budgeting, and variance analysis.
• Prepared comprehensive financial reports, summaries, and presentations for management and stakeholders.
• Analyzed financial data to identify trends, variances, and potential areas for improvement.
• Assisted in the preparation of annual budgets, including expenditure analysis and revenue projections.
• Evaluated and processed financial proposals, ensuring compliance with budgetary guidelines and financial policies.
• Developed and maintained financial models to support business planning and decision-making processes.
• Reviewed and analyzed financial statements, ensuring accuracy and compliance with accounting standards.
• Collaborated with department heads to review financial performance and recommend budget adjustments.
• Managed and oversaw the daily operations of the accounting department, including accounts payable/receivable, general ledger, and bank reconciliations.
• Prepared and reviewed financial statements, ensuring accuracy and compliance with regulatory standards.
• Conducted month-end and year-end close processes, including journal entries, account reconciliations, and variance analysis.
• Developed and maintained internal controls to safeguard company assets and ensure accurate financial reporting.
• Analyzed financial data to identify trends, variances, and areas for improvement, providing actionable insights to management.
• Assisted in the preparation of budgets, forecasts, and financial plans, including revenue projections and expenditure analysis.
• Coordinated with external auditors for annual audits, providing necessary documentation and addressing audit findings.
• Supervised and trained junior accounting staff, ensuring adherence to best practices and company policies.
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